Enact Holdings Inc
Enact Holdings Inc., a prominent player in the US insurance and risk management sector, is headquartered in the United States. Founded in 2021, the company has quickly established itself as a leader in providing innovative solutions for the mortgage and real estate industries. Enact Holdings focuses on offering mortgage insurance and risk management services, distinguished by its commitment to customer-centric solutions and advanced technology. With a strong presence across major operational regions in the US, Enact Holdings has achieved significant milestones, including rapid growth in market share and recognition for its robust underwriting capabilities. The company’s unique approach combines data analytics with personalised service, positioning it as a trusted partner for lenders and homeowners alike. As a result, Enact Holdings continues to solidify its reputation as a key player in the evolving landscape of mortgage insurance.
DitchCarbon Score
How does Enact Holdings Inc's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Enact Holdings Inc's score of 35 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Enact Holdings Inc's reported carbon emissions
In 2023, Enact Holdings Inc reported total carbon emissions of approximately 873,000 kg CO2e. This figure includes about 203,000 kg CO2e from Scope 1 emissions and approximately 670,000 kg CO2e from Scope 2 emissions. Compared to 2022, when total emissions were about 898,000 kg CO2e (with Scope 1 at 204,000 kg CO2e and Scope 2 at 694,000 kg CO2e), the company achieved a reduction of approximately 25,000 kg CO2e in total emissions year-on-year. Despite these reductions, Enact Holdings has not disclosed any specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. Overall, Enact Holdings is making strides in managing its carbon footprint, but further transparency regarding long-term climate commitments would enhance its sustainability profile.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 204,000 | 000,000 |
| Scope 2 | 694,000 | 000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Enact Holdings Inc is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
